May 24, 2013, 1:58PM

More than 400 cities in 38 countries are hosting marches against the world's leading producer of genetically engineered seeds and glyphosate herbicides on May 25, 2013. And New Orleans, Baton Rouge and Lafayette are among them. Monsanto--the corporation being protested--has come under increasing scrutiny in recent years for its products' alleged adverse effects on the environment, human health and small... Full story »

February 22, 2013, 3:44PM

The spread of investment vehicles that clients struggle to understand, some of which famously contributed to the 2008 financial crisis and years of economic strain, also creates a dilemma for finance firms trying to work transparently with their clients, said James Turley, chief executive officer of Ernst & Young, in a discussion at Tulane University on Friday. Some of... Full story »

February 24, 2011, 10:18AM

February 23, 2011, 1:45PM

Global Industries, a Carlyss oilfield service provider, is expected to release its fourth-quarter financial results today after financial markets close. Analysts have forecast that Global Industries will post a loss of 2 cents a share. Full story »

November 04, 2010, 11:27AM

Global Industries, Ltd. has posted a third-quarter net loss. The Carlyss oilfield service provider recorded a net loss of $27.9 million, or 24 cents a share, for the third quarter. During the same period one year ago, Global Industries had net income of $14 million, or 12 cents a share. Revenue fell to $189.5 million during the third quarter,... Full story »

October 12, 2010, 3:04PM

Shares of many Louisiana energy companies climbed today on news that U.S. Interior Secretary Ken Salazar had lifted the Obama administration's ban on deepwater drilling. Shares of Covington-based Hornbeck Offshore, which filed suit against the federal government's drilling moratorium, climbed .91 to close at $20.95. Vessel operator Tidewater Inc. and well service provider Superior Energy Services, both of which are... Full story »

October 04, 2010, 12:55PM

A subsidiary of Global Industries, Ltd. has been awarded a contract to design, construct and install pipelines and other equipment for Dubai Petroleum Establishment. Global Industries is a Carlyss oilfield service provider. The subsidiary that won the contract is called Global Offshore International, Ltd. Full story »

August 31, 2010, 10:54AM

Global Industries, Ltd., has been awarded a $90 million contract to perform design and fabrication work in Brazil. "Brazil continues to be a very promising market," Global Industries CEO John Reed said in a prepared statement. "Our past successes there and an increased effort to secure new business through strong relationships are helping solidify our presence in the region."... Full story »

August 05, 2010, 2:18PM

Global Industries Ltd. reported today that its earnings fell during the second quarter. The Carlyss oilfield service provider recorded net income of $1.4 million, or one cent per diluted share. During the same quarter a year earlier, Global Industries had net income of $45.9 million, or 40 cents per share. Full story »

July 28, 2010, 11:51AM

Global Industries, Ltd. has been awarded a $40 million contract to conduct pipeline work in Mexico's Bay of Campeche. The contract was awarded by Pemex, Mexico's state-owned petroleum company. Work on the project is expected to begin in August and run through March 2011. Global Industries is a Carlyss oilfield service provider. Full story »

June 01, 2010, 1:09PM

Global Industries, Ltd. has been awarded a $125 million contract to perform pipeline work for Petroleos Mexicanos (Pemex) in the Bay of Campeche. The project is scheduled to begin in July and be completed by the end of December. Global Industries, which is based in Carlyss, is an oilfield service provider. Full story »

May 27, 2010, 3:43PM

Global Industries Ltd. named a new Chief Operating Officer and Chief Marketing Officer today. Ashit J. Jain has been named Chief Operating Officer and James G. Osborn has been named Chief Marketing Officer. Jain and Osborn will report directly to Chief Executive Officer John B. Reed. Global Industries is an oilfield services provider based in Carylss. Full story »

May 06, 2010, 6:16AM

Global Industries, Ltd., a Carlyss oilfield service provider, has reported a first-quarter loss. During the quarter, Global had a net loss of $21.4 million, or 19 cents a share. In the same period one year ago, the company reorded net income of $19 million, or 17 cents a share. Global's revenue was $106.8 million during the first quarter, compared... Full story »

February 25, 2010, 10:53AM

Global Industries, Ltd., a Carlyss oilfield service provider, has tapped John B. Reed, Jr. as its new CEO. Reed joins Global with more than 30 years of experience in the offshore construction industry. Most recently, he served as CEO of Heerema Marine Contractors. Global also said this morning that it curbed its losses during the fourth quarter. During the three-month period... Full story »

November 05, 2009, 11:33AM

Global Industries Ltd., a Carlyss oilfield service provider, saw its earnings climb during the third quarter. The company recorded net income of $14 million, or 12 cents a share, during the third quarter, compared with a loss of $103.1 million, or 90 cents per share, during the same period a year earlier. "Despite a significant reduction in revenue from... Full story »

September 30, 2009, 9:12AM

Global Industries, Ltd., a Carlyss oilfield services provider, has been awarded a $70 million contract by Petroleo Brasileiro S.A. to provide diving and construction services offshore near Brazil. The 180-day contract has an option for a six-month extension. "The project is in line with our long term view and growth strategy in Brazil, as well as our commitment to deliver... Full story »